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Entries Tagged as 'fbmklci'

PANAMY

February 21st, 2020 No Comments

To the uninitiated, every chart looks the same But there is a huge difference to the trained eye Do you think the above is strong or weak? Buy or no buy Why?

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AirAsia

February 21st, 2020 No Comments

If you must buy Airasia, this is the time to look at it Hard stop loss at RM1.14, with a potential upside to RM1.30

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REITS

February 12th, 2020 No Comments

We left our discussion somewhere around the highlighted yellow bar I said that I expect it to go down to ~950 than to shoot up to ~980 Depending on your timeframe and how you looked at it, it actually went up to ~980 (albeit for 1 -2 days) for one last time before diving to […]

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FBMKLCI

February 3rd, 2020 No Comments

On the 13th Jan posting, I mentioned that we have drawn the line 1550 to watch, ahead of time. Now lo and behold, the price is flirting continuously with the line We also know from my 11 Dec posting that the overall market is weak – and hence this forms our primary impression of the […]

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OPR 2.75%

January 22nd, 2020 No Comments

1 day after I posted bearish outlook for REIT, the central bank slashed rate by 25 basis points. This will temporarily boost up Reits/ Propert counters while banking/ finance will be negatively impacted My view on REITs remains until the chart tells me otherwise. This is interesting – let’s see what happens next. Will be […]

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REITS

January 21st, 2020 No Comments

I like REITs and would like to have some exposure in it However, the chart is weak On the balance of probability, I expect it to go to the low of ~950 than to shoot up to ~980 Maybe only in 1-3 months’ time, will we know the exact reason why REIT is weak Let’s […]

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FBMKLCI

January 16th, 2020 No Comments

There is temporary strength in the chart (while coincidentally the whole news out there is painted super bearish) I think there is an opportunity to push the index up to ~1600 area We then need to see what it does there to further assess the market condition

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FBMKLCI

January 13th, 2020 No Comments

We last updated FBMKLCI on the highlighted bar above. As expected it went up to the trading channel However the last few bars look weak to me If price could not recover to the region of 1600-1620, chances favour on the downside The line that we have drawn to watch (ahead of time) – 1550

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PETRONM

December 20th, 2019 No Comments

PetronM appears to be halting to a standstill It has the chance to breakout to reach RM7, a resistance line from previous high Stop should be placed somewhere underneath the clusters around RM5 (highlighted)

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A Student of the Market

November 6th, 2019 No Comments

Today I want to narrate an observation and something that I learnt (usually the hard way) in the market. Are you interested to be right or be able to make money in the market? Most of us are psychologically inclined (no thanks to social conditioning) to appear right ( at the expense of making money […]

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